Sun, May 22, 2022
A A A
Welcome mteam
RSS

Sovereign Wealth Funds Briefing - Categorized | Financials, Market

HK-based Quam ties up with Invest AD for Mideast fund

Posted on 26 May 2010

From Reuters: Quam Ltd is partnering Abu Dhabi government-owned Invest AD to launch a Middle East equities fund targeted at Asian investors. Invest AD, formerly known as Abu Dhabi Investment Company, is a wholly-owned by sovereign wealth fund Abu Dhabi Investment Council. The firm began managing third-party money a year ago.
The Quam Middle East fund will look to raise around $50 million to invest primarily in companies in the UAE, said Bernard Pouliot, chairman of Quam. “After what happened with Dubai, unfortunately the whole region got painted with the same brush……………………………………….Full Article: Source


 Article link

This post was written by:

VRS - who has written 19873 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
banner
May 2022
M T W T F S S
« Nov    
 1
2345678
9101112131415
16171819202122
23242526272829
3031